11 June 2020 | 5 replies
Hello,I am newly working at a startup and I am trying to connect with office building owners with single pane windows that we could replace with a new technology that saves ~80% of the traditional cost.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1682637/small_1696419808-avatar-richardm448.jpg?twic=v1/output=image&v=2)
14 June 2020 | 1 reply
Full time educator that runs her other real estate school- Brokerage has own app where we store training videos and guest speakers from our events- Mentoring program for new agents to shadow experienced agent- Brokerage creates template personal site for me- 2 education classes/month via Zoom- 1 Sales meeting/month for education & motivation- 1 meeting/month on technology use, a staff member that deals with IT needs- 70/30 Split- $355 Annual Office desk due- 2% Transaction fee- No lead production, produce own leads, repeat & referral- 223 current & pending listings- Have had new agents close 20 homes in first year and other only 6 homes; variesBrokerage C:- This is Keller Williams, so probably pretty standard and y'all are familiar with them, I'm sure- Within my region: Own 12% of all inventory; 600 to 900 active listings and closed just under 3,500 homes last yearBrokerage D:- 21 agents in local office- Momentum Program for training- 95% commission paid on a transaction, fees included but you choose how much you want to spend (private office/shared office/WFH office,- Brokerage does not provide leads but can obtain leads from sister brokerage, no cost- Currently 82 listings, 50 active, states it is currently a seller's market- Goal is to sell at least $2,000,000 per year- Average sale price for last 90 days (8 properties) is $260,400Brokerage E:- Training videos available- Weekly sales meetings- Ninja sales training 2-3/month with Q/A's- Offer a one-on-one mentorship program for new agents- Mentor and I would split commission 50/50 first couple of transactions or when I'm ready to go solo- Lesser degree mentorship for 75/25 commission- $46.50/month Brokerage fees Plus $25/month on E's&O's- Own website on brokerage webpage for $10/month- 70/30 Commission split; 95/5 for sale milestones- Once you pass $5M in sales, you're still on 70/30 split until you pay out brokerage $20,000, which in turn split becomes 95/5- 3% broker fee each transaction with $3,000 cap- Can provide leads by signing and paying up for different things (ICC/OPCity/Buyside)- 255 active listingsBrokerage F:- Extensive 6 week onboarding process for training- No monthly fees; biz cards/signs/lockboxes/marketing all paid for- Provides leads- 2 CRMs that hold database of your clients- Usually 100 listings at any given time, lower now because of Covid- Minimal standard to remain with company is 24/year.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1649212/small_1621514469-avatar-dalynhazell.jpg?twic=v1/output=image&v=2)
14 June 2020 | 6 replies
As for equity, I would say that you cannot 100% rely on the accuracy of your technology since current loan balances are not public record information.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1791725/small_1621515597-avatar-mattc487.jpg?twic=v1/output=image&v=2)
19 June 2020 | 20 replies
With technology making communication, payments and locating vendors so easy, what else is left.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1585966/small_1621513927-avatar-zacharyp92.jpg?twic=v1/output=image&v=2)
26 April 2020 | 6 replies
Or stay in place and use technology instead of people coming through, you can get a digital floor plan made.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/864782/small_1621504647-avatar-brucep26.jpg?twic=v1/output=image&v=2)
1 May 2020 | 22 replies
Clay tile is old technology but if it isn’t collapsed I would be tempted to run it and see what happens
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/709370/small_1694598563-avatar-patrickm146.jpg?twic=v1/output=image&v=2)
30 April 2020 | 7 replies
The 54-year-old information-technology contractor said she had about $10,000 in bookings evaporate overnight in March.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1730568/small_1621515104-avatar-cooperh6.jpg?twic=v1/output=image&v=2)
28 April 2020 | 0 replies
Hello All,I am starting out building a real estate investing company (typing up a business plan, etc.) and was wondering if any professionals out there had feedback for the tech that helped them stay productive. I cur...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1748278/small_1621515229-avatar-cristianr31.jpg?twic=v1/output=image&v=2)
29 April 2020 | 3 replies
The great thing about technology is that it will get cheaper and cheaper to do it, whereas traditional staging can't be discounted as much.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/859351/small_1621504571-avatar-ellie_perlman.jpg?twic=v1/output=image&v=2)
5 May 2020 | 4 replies
You can do the same for hiring marketing team members, who can help you place content online to attract investors.When it comes to acquisitions, partnering with other sponsors on deals is a great way to gain real experience and quickly build a reputation for your firm to grow and scale accordingly.Finally, investors should be utilizing technology to automate day to day processes and free up time; Mailchimp is a cheap and useful tool for investor relations communications, HubSpot is a free CRM database that can help you stay in touch with investors, and AirTable is great for company project management and assignment tracking.Do you have any other tips or insights to making the transition?